No building savings/little equity and construction/purchase plans in the near future?

2017-08-18 11:41:07

As long as you are still in a temporary position, you do not have to appear there at all because the actual state of the salary situation counts. However, since you have already fixed the appointment, you can give us feedback on whether the present fixed lecture is already sufficient :)

2017-08-18 11:44:08

Yes, in my opinion, you should definitely save the ancillary costs, for example in a [Tagesgeldkonto]. With a long fixed interest period or a full repayment constellation, a combination with a [Bausparvertrag] can result in a better effective interest rate than an annuity loan (as is the case with me). But as Caspar already pointed out, this needs to be calculated precisely.

2017-08-18 11:44:28

As long as you are still in a fixed-term position, you don’t have to appear there at all, because the actual state of the salary situation counts. Since you have already fixed the appointment, you can give us feedback on whether the current fixed presentation is already sufficient :)

The appointment is next week Tuesday, then we’ll know more :-) The fixed-term contracts in the public sector (especially at universities) are a disaster and were my main reason for changing employer.

2017-08-18 11:47:29

Yes, in my opinion you should definitely save the additional costs, for example in a daily allowance account. In case of long fixed interest rates or a full repayment constellation, a combination with a building savings contract can result in a better effective interest rate than an annuity loan! (as in my case). However, as Caspar already pointed out, this must be calculated precisely.

It is very important to me that the additional costs can be paid from our side. Acquaintances financed 120% and are (almost) financially ruined. Nothing must go wrong for them...

2017-08-18 11:55:21

Therefore, the limitation should not be a problem in terms of time. By the time you have saved the additional costs and generally made concrete plans about the project, the probationary period at the new position will have expired.

2017-08-18 12:37:39

But for now, your main concern is saving through the [Bausparvertrag], do I understand that correctly?

If you already have the appointment, then ask there what will happen and how you can get your money if you don't get the [Bausparer] ready for allocation by the start of construction.

Similar topics
30.10.2008	Bank loan vs building savings contract?	11
10.04.2012	Financial plan with a building savings contract or with risk?	12
11.02.2015	Cost planning for a single-family house including land, additional costs, architect	32
25.03.2015	Financing exclusively through a building savings contract	12
15.06.2015	Property and additional costs - is the construction sum realistic?	16
28.06.2015	Building a house - building savings contract with bad interest rates	23
14.07.2020	Beginnings of a possible property \| Questions about the building savings contract	72
28.11.2015	Building savings contract with advance loan versus annuity loan	13
04.03.2016	Additional costs KfW55 experiences	21
18.05.2016	Additional costs when purchasing a plot of land - property tax?	55
29.05.2016	Conditions for Riester home savings contract - What interest rate?	16
02.06.2016	Multifamily house - Building savings contract & pre-financing sensible?	24
27.06.2016	Building savings contract or annuity loan - final decision!	45
17.01.2017	Additional costs of a finished house	23
05.01.2018	Additional costs and reserves? What are you planning there?	62
02.05.2018	ETW: Additional costs during ownership transfer	11
16.05.2018	Preparation of monthly additional costs. Can I find something like this somewhere?	27
15.05.2020	Additional costs after building the house	52
12.04.2021	How high are the additional costs for a KfW55EE house?	10
12.07.2023	Calculation of ongoing ancillary costs	64

No building savings/little equity and construction/purchase plans in the near future?

ypg

Jay69

Bear1985

Bear1985

Jay69

Maria16